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These days, finding an affordable place to live in the 48329 area can be challenging. Home prices in 48329 are now at a median cost of $283,853, higher than the Michigan average of $250,415.
The average cost of rent is $1,213/mo in 48329, primarily driven by the current value of real estate in the 48329 area. In 48329, 10.61% of households rent, and 30.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48329 is $7,635 per month. Households that rent pay about 15.89% of their income on rent here. 48329’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 48346, MI: higher priced homes
- 48327, MI: equally priced homes
- 48328, MI: less expensive homes
- 48340, MI: less expensive homes
- 48386, MI: equally priced homes
- 48348, MI: higher priced homes
- 48341, MI: less expensive homes
- 48320, MI: higher priced homes
- 48359, MI: higher priced homes
- 48324, MI: higher priced homes
Zip Codes with Similar Populations
- 98520, WA: equally priced homes
- 11427, NY: higher priced homes
- 16506, PA: less expensive homes
- 17036, PA: higher priced homes
- 21811, MD: higher priced homes
- 30286, GA: less expensive homes
- 60559, IL: higher priced homes
- 84009, UT: higher priced homes
- 83702, ID: higher priced homes
- 77550, TX: higher priced homes
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